HomeBlogWhy Walmart is trouncing Amazon in the grocery wars

Why Walmart is trouncing Amazon in the grocery wars

Have realistic expectations

When amazon announced the $13.7bn acquisition of Whole Foods Market in 2017, it came after some oddball attempts to strengthen its grocery business, some conceived by Jeff Bezos himself. One was to develop an “ice-cream truck for adults”, driving into neighbourhoods with lights flashing and horns honking, to sell porterhouse steaks, Shigoku oysters, Nintendo games and other goodies. It was quietly shelved. Another was to create a product so unique that only Amazon could supply it. The answer was the “single-cow burger”, a Wagyu beef patty made from the meat of one animal. You can still find them on its website—though they are now permanently out of stock.

Amazon’s purchase of Whole Foods signalled it would take a more conventional approach to the supermarket business. That is probably why, when the deal was announced, Amazon’s share price soared and those of its rivals, such as Walmart, fell. But since then Amazon has treated grocery more like a science experiment than an exercise in seduction, with weak results at Whole Foods and in other formats. Its best-known addition to the retail experience is the “just walk out” technology in physical stores, equivalent to its one-click shopping online. Yet cashierless supermarkets sound like something more beloved of geeks than grocers. What may cut down on time-wasting queues also minimises what some people love about shopping: the human interaction at the till, the hunter-gatherer instinct as they jostle at the meat counter, the Columbian exchange between fellow foodies at the spice rack.

 

Varius tellus justo odio parturient mauris curabitur lorem in. Pulvinar sit ultrices mi ut eleifend luctus ut. Id sed faucibus bibendum augue id cras purus. At eget euismod cursus non.

Cristiano Reus

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Cras facilisis faucibus odio arcu duis dui, adipiscing facilisis. Urna, donec turpis egestas volutpat. Quisque nec non amet quis. Varius tellus justo odio parturient mauris curabitur lorem in. Pulvinar sit ultrices mi ut eleifend luctus ut. Id sed faucibus bibendum augue id cras purus. At eget euismod cursus non. Molestie dignissim sed volutpat feugiat vel enim eu turpis imperdiet.

Leave A Reply

Your email address will not be published. Required fields are marked *

Related

Related Post

  • Blog
  • June 20, 2023
Elon Musk has been pushing the X brand since before the turn of the century,...
  • Blog
  • June 20, 2023
In an interview with ETMarkets, Bhave, who has over 25 years of experience across the...
  • Blog
  • June 20, 2023
Depending on the account balance, savings account interest rates will vary. Here are banks offering...
  • Blog
  • June 20, 2023
The human resources department of a company must be well versed in current management trends,...

Buy Coaching Now!

Categories

Demos
Processing!